LatAm Week Ahead: Investors to look for opportunities over US jobs data
LATAM WEEK AHEAD SEPTEMBER 30 - OCTOBER 04: For next week in the US, NFP data is due with the expectation of robust US Nonfarm payrolls, while the unemployment rate is expected to edge up slightly. In CEEMEA our attention will be on inflation from Poland and Turkey, while the NBP & NBR keeps rates steady.
• The Colombian central bank is expected to cut rates by 50bps to 10.25%.
• Brazil’s PMI data to be in focus this week. USD/BRL studies continue to deteriorate.
• Our USD/MXN studies build amid the break of 19.567 and scope is seen to 19.844.
• USD/CLP was on the backfoot this week and fell to a 4-month low of 894.75.
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